FX.co ★ Slovakia Business Morale Drops in January

Slovakia's industrial confidence indicator saw a decline of 4 points in January 2026, settling at -0.3 from the previous month's increase of 3.7. This shift reflects a downturn in several areas. The employment outlook shifted to a negative stance, moving from 2 to -6. There was also a further decrease in the evaluation of current export orders, which fell to -18 from -15. Expectations for future production became less optimistic, dropping from 29 to 17, with notable declines in sectors such as food, beverages, and tobacco products (-17 from 4) and chemicals and chemical products (-42 from -11). However, the perception of the current level of orders showed a slight improvement, moving to -14 from -18, alongside a less pessimistic view of current industrial production, which improved to -5 from -15. Furthermore, selling price expectations shifted positively to 6 from -1, and the stocks of finished goods saw an improvement, increasing to 4 from 0.